Budget 2022

Making Housing More Affordable

Everyone should have a safe and affordable place to call home. That’s why we’re taking action to build more affordable housing, help Canadians buy their first home, protect buyers and renters, and ban new foreign ownership and crackdown on speculation.

A Strong, Growing, and Resilient Economy

Our Liberal government is going to continue to create a strong and growing economy — including by cutting taxes for small businesses, creating an innovation and investment agency, and building better supply chains.

Clean Air and a Strong Economy

We’re introducing our boldest and most detailed plan yet to deliver clean air and good middle class jobs for Canadians, including by making purchasing electric vehicles easier, greening homes and buildings, and reducing oil and gas pollution.

Creating Good Middle Class Jobs

We’re moving forward with our plan to keep creating good middle class jobs, including by doubling funding for the Union Training and Innovation Program, supporting the settlement of new permanent residents to Canada through Canada’s Immigration Levels Plan, and much more.

Canada’s Leadership in the World

Our plan will take bold steps to further support Canada’s leadership in the world, including by updating Canada’s existing defence policy, ensuring NATO remains strong and united, and increasing the capabilities of the Canadian Armed Forces.

Strong Public Health Care

Canadians are proud of our public healthcare system. Our Liberal government will continue to strengthen it, including by reducing the backlogs of surgeries and procedures, ensuring Canadians have dental care, and continuing to address the Opioid crisis.

Moving Forward on Reconciliation

Our Liberal government is continuing to walk the shared path of reconciliation, including by addressing the shameful legacy of Residential schools, implementing Indigenous child welfare legislation, and ensuring clean drinking water and better infrastructure in First Nations communities.

Safe and Inclusive Communities

Diversity is our strength, but we still have work to do to make sure everyone feels safe and included in their communities. That’s why our Liberal government is taking action, including by fighting systemic racism and discriminiation, advancing the National Action Plan to End Gender-Based Violence, and implementing an employment strategy for persons with disabilities.

Tax Fairness and Effective Government

We need to make sure everyone gets a fair shot at success. That’s why our Liberal government will ensure the tax system is fair, including by requiring financial institutions to help pay for our recovery, preventing the use of foreign corporations to avoid Canadian tax, and cutting taxes for small businesses.